Price for Cumin Seeds, Crushed or Ground in Serbia - 2023

Contents:

1. Price for Cumin Seeds, Crushed or Ground in Serbia (CIF) - 2022
2. Price for Cumin Seeds, Crushed or Ground in Serbia (FOB) - 2022
3. Imports of Cumin Seeds, Crushed or Ground in Serbia
4. Exports of Cumin Seeds, Crushed or Ground in Serbia

Price for Cumin Seeds, Crushed or Ground in Serbia (CIF) - 2022

In 2022, the average import price for cumin seeds, crushed or ground amounted to $4,873 per ton, with a decrease of -7.9% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 344%. Over the period under review, average import prices hit record highs at $16,138 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,151 per ton), while the price for India ($2,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+15.0%), while the prices for the other major suppliers experienced a decline.

Price for Cumin Seeds, Crushed or Ground in Serbia (FOB) - 2022

In 2022, the average export price for cumin seeds, crushed or ground amounted to $9,797 per ton, rising by 41% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $10,643 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($25,222 per ton), while the average price for exports to Montenegro totaled $7,020 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.0%).

Imports of Cumin Seeds, Crushed or Ground in Serbia

After three years of growth, overseas purchases of cumin seeds, crushed or ground decreased by -97.6% to 346 kg in 2022. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 239% against the previous year.

In value terms, cumin seeds, crushed or ground imports shrank dramatically to $1.7K in 2022. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 235% against the previous year.

Top Suppliers of Cumin Seeds, Crushed or Ground to Serbia in 2022:

1. Turkey (152.0 kg)
2. India (143.0 kg)
3. China (50.0 kg)

Exports of Cumin Seeds, Crushed or Ground in Serbia

In 2022, approx. 59 kg of cumin seeds, crushed or ground were exported from Serbia; waning by -81.4% on 2021 figures. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 574% against the previous year. As a result, the exports attained the peak of 317 kg, and then contracted dramatically in the following year.

In value terms, cumin seeds, crushed or ground exports reduced markedly to $578 in 2022. Over the period under review, exports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 612% against the previous year. As a result, the exports attained the peak of $2.2K, and then dropped rapidly in the following year.

Top Export Markets for Cumin Seeds, Crushed or Ground from Serbia in 2022:

1. Montenegro (50.0 kg)
2. Bosnia and Herzegovina (9.0 kg)

Source: IndexBox Market Intelligence Platform